Former Real Estate Agent Sentenced to 30 Months in Prison for Leadership Role in Mortgage Fraud Scheme
Robert Alexander, 36, of Phoenix, Ariz., was sentenced to 30 months in prison by U.S. District Court Judge James A. Teilborg on Feb. 29, 2012. Alexander, a real estate agent, represented buyers who purchased multiple homes with loan applications containing false information and concealing from the lenders “kick backs” to the buyers. Alexander pleaded guilty to Conspiracy to Commit Wire Fraud. One other co-conspirator has pleaded guilty for his involvement in the conspiracy.
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